Posts Tagged ‘project lifecycle’
What is the Project Risk Management Process?
Estimated reading time: 5 minutes Projects involve many risks such as cost risks, schedule risks and resources risks. Hence as a project manager, you need to be aware of any and all risks that could affect your project. Risk management is not a reactive approach, but a proactive approach that should be part…
Read More5 Tips for Successfully Managing Project Costs
Estimated reading time: 5 minutes When planning and managing for project costs, several factors come into play and the ability to successfully manage them will improve the chances of project success. While the 2 most common factors that lead to project delay and increased in project costs are design errors and scope change, there…
Read MoreAuditing Project Performance Through A Good Cost Estimate
Estimated reading time: 5 minutes Effective measures for auditing project performance and controlling projects is the key to any project’s success. Project audits are done to assess the progress of a project and regular audit sessions ensure that a project’s management is in-sync with the project objectives. A standard checklist used includes: Strategic…
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